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Forex Analytics News

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EUR/USD Technical Analysis & Daily Chart

Today the Senate is expected to vote on the adoption of Trump's tax reform. Against this background, the US dollar since the beginning of the trading day has regained some of its positions relative to other pairs.


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USD/CAD Technical Analysis

After the weekend, today in the US a lot of macroeconomic indicators and monthly reports are coming. At the moment the reserve currency, relative to the main pairs, continues to lose ground and the dollar index is near the mark of 92.61.

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Brexit Struggles

The bad news for the United Kingdom only seem to pile up ever since the Brexit vote last June. With EU nationals members of the labour force leaving the UK in favor of other European countries, the major decline of the British pound sterling (12% versus the USD), and political instability caused...

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AUD/CAD: Short Review & Forecast

Starting from February 2017, we have a clear downward trend which has all chances to continue. The Canadian dollar rose in price due to an active increase of the interest rate by the Bank of Canada, rising oil prices, and optimal economic indicators. The only factor that exerted constant...

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USD/JPY Technical Overview & Daily Chart

Today we would take a look at the USD/JPY currency pair.

Consulting our fundamental factors first, not much is going on in Japan. Ever since Prime Minister Shinzo Abe confirmed his continued rule in a recent election, the Bank of Japan has reaffirmed its commitment to a massive stimulus...

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